sourcenode on Nostr: Elon is repeatedly saying, "Government spending causes inflation." Certainly that is ...
Elon is repeatedly saying, "Government spending causes inflation."
Certainly that is true, but that doesn't fully capture the picture.
Monetary expansion is the root cause.
Artificially low interest rates and fed lending can be abused by public or private entities in my view.
Published at
2024-08-15 11:23:18Event JSON
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"content": "Elon is repeatedly saying, \"Government spending causes inflation.\"\n\nCertainly that is true, but that doesn't fully capture the picture. \n\nMonetary expansion is the root cause.\n\nArtificially low interest rates and fed lending can be abused by public or private entities in my view. ",
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